Gujarat Govt and DP World sign agreements to strengthen Logistics in Gujarat State
GANDHINAGAR : DP World has signed multiple Memorandums of Understanding (MoUs) worth INR 25,000 crores (INR 250 billion) with the Government of Gujarat, covering the development of new ports, terminals, and economic zones, strengthening
Adani Group to invest Rs 42,768 Crore in Tamil Nadu
CHENNAI : The multi-business Adani Group has decided to invest a whopping Rs 42,768 crore in Tamil Nadu in renewable energy, cement manufacturing, data centre, city gas distribution and generate 10,300 employment opportunities. The
Adani Ports top brass reshuffle: Karan Adani elevated as Managing Director
AHMEDABAD : Adani Ports and SEZ, the ports and logistics arm of the Adani Group, on January 3 announced a reshuffle in its top brass, with the company’s Chairman and Managing Director Mr. Gautam
Allcargo Logistics plans to cut costs by $30 million in FY24 amid global slowdown
MUMBAI : Allcargo Logistics aims to cut costs by $30 million (about Rs.250Cr) by the end of 2023-24, amidst the ongoing slowdown in the global logistics sector. The company is also spending $100 million
AD Ports to invest $200 million in new Red Sea port terminal
ABU DHABI : AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a new multi-purpose terminal at Safaga Sea Port in Egypt. AD Ports
AM/NS India signs ₹16,000-cr investment deal with Gujarat Govt
GANDHINAGAR : Steel-manufacturer ArcelorMittal Nippon Steel India Ltd (AM/NS India) has signed Memorandum of Understanding worth ₹16,000 crore with the Gujarat government. The agreements include an investment for the construction of a ship-building and repair facility
MPA sets new Asian record of handling highest cargo in a day
GOA : Mormugao Port Authority (MPA) on Wednesday created a new Asian record of handling highest quantity of cargo per day and surpassed its previous record. MPA Dy Chairman G P Rai informed reporters
BLR Logistiks expands Fleet to include Reefer Containers Ventures into Cold Storage Transportation
MUMBAI : BLR Logistiks, India’s leading integrated 3PL logistics company, announces the latest addition to its fleet with the incorporation of state-of-the-art reefer containers. This strategic move marks the company’s entry into the specialized